Welcome!

As one of the region's premier lenders,
Member First Mortgage
takes justifiable pride in our dedication to customer support. We make
refinancing or purchasing your home an easy, hassle-free experience.

Before you start the loan process, let us walk you through what you
can expect. We'll give you valuable tips along the way. Then when you're ready
to apply for your loan, we'll let you do it the way YOU are most comfortable; choose our secure
on-line form, or download a PDF Loan Application Package.

Please contact us for today's rates (you'll find ours to be among
the best available anywhere!) or if you have a question at any time in the loan
process. Phone us, or use email or our convenient online form.

Thanks for your choosing
Member First Mortgage
for your home financing. We
promise to do all we can to make the mortgage process easy and hassle-free!

Explore the Mortgage Process

Congratulations!
You've decided to take the plunge and purchase a home. Most experts agree that
your prMFMry residence is one of the best investments you can make. Whether this
is your first house or you're an old hand at home buying, purchasing real estate
can be a confusing and sometimes stressful process. That's why we're here - to
make buying your home easy by helping you each step of the way.

Your Mortgage Associate will be there to walk you through the process from
application to closing. By understanding each step of the process, you'll be
better prepared and there won't be any last minute surprises. So read on and
find out how you can have a hassle-free experience buying or refinancing your
home.

Step
1. Prequalify

The first step in purchasing a home is to prequalify for a loan. We will ask
about your income and your expenses and use a standard ratio to determine how
much house you can afford.
Member First Mortgage
will provide you with a written pre-qualification letter. This shows realtors
and home sellers that you are a serious buyer, and can give you leverage when
negotiating the price of your new home. You can get more information or start
the mortgage process with a prequalification by calling us at 770-579-1000 or by
using our
on-line form.

TIP: This is a good time to review your credit
records. You want to know about (and take care of) any errors or problems now,
rather than in the middle of the application process. Contact the 3 credit
bureaus directly to get copies of your credit reports - it's FREE for Georgia
residents!

Step
2. Search

This can be the hardest or the easiest part of the process! Today more than ever,
buyers have access to thousands of homes for sale on the internet, often being
able to see a home's features through slide shows or virtual tours. Buying a
home is often the single most important investment a person makes. Realtors can
take a lot of the hassles out of home buying as they know the area, are trained
in negotiating and often can spot potential problems in a new home before you go
to contract. Their ability to help you in each stage of the contract phase can
take a lot of the worry out of home buying. I would be happy to refer you to a
reputable local Realtor.

However you choose to find your home, the best rule of thumb is to see the home
purchase as an investment rather than buying with your emotions. Make a list of
the features you want and DON'T want in your new home. Remember that the
Seller's beautifully-furnished home will be empty when you move in! Rate each
home that you see on these points before you fall in love with the color, floor
plan or location.

TIP: Use your prequalification letter as leverage in
the contract negotiations. Sellers want a smooth transaction and will often
reduce a price simply because it appears that the buyer is well prepared to make
the process quick and painless.

Step 3. Apply For A Loan

Member First Mortgagemakes it easy to apply - phone us at 770-579-1000 or apply on-line.

After receiving your information, we can have your loan commitment ready in as
little as 24 hours! Within 3 days we will send you the Truth-In-Lending
disclosure, a Good Faith EstMFMte of Closing Costs, and other important federal
and state documents. Review, sign and return these to us quickly to expedite the
process.

TIP: Your interest rate may continue to fluctuate up
or down until the day of closing, unless you lock in your rate. You are eligible
to lock in your rate at any time after you turn in your application. Seven days
before closing you will be locked in so that your paperwork can be prepared.

Step
4. Insurance and Services

You are required to have a homeowner's insurance policy in effect at closing
time, so don't forget to contact your agent and let them know about your move.
Have them fax a copy of the policy's declaration page and a paid receipt to us
at 770-579-1039. Your agent can contact us directly if they need any additional
information.

Don't forget to contact the phone company, as well the utility companies and give
them plenty of time to get the services set up and turned on in time for moving
day.

TIP: This is a good time to review your options.
With the recent deregulations of several industries, you may have more than one
choice of supplier for gas, electric, even your telephone service.

Step
5. Closing

Your closing can be scheduled at any time convenient to you and your agent, and
the seller or builder.
Member First Mortgage
will make sure all of your loan documents are ready for closing. At least 24
hours before the closing, we will review your HUD1 closing statement to verify
that all the figures are accurate. If you have a balance due at closing, we will
let you know the amount in advance.

TIP: There are a few things you will need to bring to the closing.
Each borrower should bring a photo ID. You should also bring the original
homeowner's insurance declarations page and a receipt of payment. Of course, any
balance that you have due should be in the form of a certified or cashier's
check, made payable to yourself.

Consumer wishing to file a complaint against a company or a residential mortgage loan originator should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of Licensed Residential Mortgage Loan Originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the Department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.